May 28, 2006

MIAMI, May 19, 2006 – NCL Corporation (“NCL”) today announced that it has extended its relationship with the Republic of Kiribati enabling it to continue to offer Fanning Island on its long Hawaii cruises through to 2011 and to commit one of its purpose-built new Freestyle Cruising ships to this increasingly popular itinerary. Norwegian Sun, will replace Norwegian Wind sailing 10- and 11-day itineraries from Honolulu with a stop at Fanning Island beginning in September 2007. This newer, larger ship, launched in 2001, will take over and grow NCL’s 10-and 11-day Hawai`i trade when Norwegian Wind is transferred to the Star Cruises fleet in late April 2007. The addition of Norwegian Sun to Hawai`i, following the addition of Pride of Hawai`i in June, completes the Norwegian Cruise Line brand and NCL America’ brand Hawai`i fleets and will bring the total NCL Hawai`i fleet to over 8,500 lower berths.

In 2007, NCL America’s U.S. Flagged fleet -- Pride of Hawai`i, Pride of America and Pride of Aloha -- will continue their popular seven-day inter-island cruises calling on all four main islands featuring 100 hours in port with overnights in Kauai and Maui. Passengers wanting to sail an extended itinerary with lots of port time in Hawai`i plus sea days and a call into Fanning Island in Kiribati, NCL’s Pacific Island hideaway just north of the Equator, can now sail on NCL’s first purpose-built Freestyle Cruising ship, Norwegian Sun. The increase in capacity on these itineraries represents a significant increase in the company’s
commitment to the Republic of Kiribati. And by deploying a newer ship into the longer itinerary with more than 2,000 guests, NCL has further increased its capacity in Hawai`i and expects to bring some 450,000 passengers to Hawai`i in 2007. “The completion of NCL’s fleet in Hawai`i is a major milestone, with our guests having three modern U.S. Flagged ships sailing inter-island in Hawai`i, alongside a big modern international-flagged ship offering longer Hawai`i itineraries,” said Colin Veitch, NCL Corporation’s president and CEO. “In addition, this move enables NCL to continue its plan of renewing its fleet and Star Cruises to expand its Asian fleet with relatively modern mediumcapacity
vessels, in order to meet growing demand in the region.”

Pride of Hawai`i – The newest addition to NCL America’s fleet, Pride of Hawai`i, begins her seven-day inter-island cruises from Honolulu on June 5, 2006. She will offer Monday departures calling on Hilo, Hawai`i; an overnight in Kahului; Maui; Kona; Hawai`i; and an overnight in N_wiliwili, Kaua`i.

Pride of America – Pride of America features Saturday departures from
Honolulu and will call on Hilo, Hawai`i; an overnight in Kahului; Maui; Kona,
Hawai`i; and an overnight in N_wiliwili, Kaua`i.

Pride of Aloha – Pride of Aloha will alternate seven-day itineraries from
Honolulu, departing on Sundays, and from Kahului, Maui departing on Fridays.
When departing from Honolulu, she will overnight in N_wiliwili, Kaua`i; Hilo,
Hawai`i; Kona, Hawai`i; and an overnight in Kahului, Maui. The Maui itinerary
features an overnight in Maui; Honolulu, Oahu; an overnight in N_wiliwili, Kaua`i; Hilo and Kona, Hawai`i.

NCL Corporation (“NCL”) is an innovative cruise company headquartered in Miami, Florida, with a fleet of 15 ships in service and under construction. The corporation oversees the operations of Norwegian Cruise Line, NCL America, and Orient Lines. The company christens its newest ship, Pride of Hawai`i on Saturday, May 20, 2006, the largest and most expensive U.S. flagged passenger ship ever built. It is currently building two ships, Norwegian Pearl
scheduled for delivery in November 2006 and Norwegian Gem scheduled for delivery in 2007.